Gas prices in Pennsylvania have risen, and set a record, every day this week
Several Pennsylvania counties are very close to hitting $5 a gallon, including Philadelphia, Bucks, Delaware, Bradford, and Wyoming.
The pain at the pump worsened every day this week in Pennsylvania because every day the average price per gallon was more than the day before and was a new record high.
According to AAA, the average price in Pennsylvania on Monday was $4.62 a gallon.
Tuesday it was $4.67.
Wednesday it was $4.74.
Thursday it was $4.76.
Friday it is $4.77 a gallon.
The national average price today is $4.59 a gallon.
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The average price of diesel is holding steady in Pennsylvania at $6.32 a gallon.
“Tighter supply and increased demand have pushed pump prices higher. This supply/demand dynamic, combined with volatile crude prices, will likely continue to keep upward pressure on pump prices,” AAA said.
Several counties are very close to hitting $5 a gallon, including Philadelphia, Bucks, Delaware, Bradford, and Wyoming.
With Memorial Day, the unofficial start of summer, just 10 days away, will gas prices impact vacation plans?
“Buckle up, drivers. This Memorial Day weekend is shaping up to be the most expensive holiday weekend at the pump … ever. Drivers will be paying about $4.65 on average, though high prices aren’t actually deterring many from hitting the road,” GasBuddy Tweeted.
GasBuddy released its summer travel survey Thursday. It found “that even with record high gasoline prices, 58% of Americans intend to road trip this summer, a rise from last summer, when gas prices were nearly $1.50 per gallon lower.
While the high prices may not stand in the way of Americans summer travel plans, nearly two-thirds have yet to confirm their plans, with 38% saying that high inflation is leading to difficulty in planning summer trips.”
GasBuddy said the record-breaking gas prices and “general inflation” are affecting the desire to travel, which is 18% lower than 2019′s pre-pandemic level.
“Gas prices on Memorial Day weekend are forecast to be about $4.60 per gallon, a 51% increase from last year. GasBuddy expects the average price from Memorial Day to Labor Day to be $4.40 per gallon nationally, though significant events could raise or lower the outcome.”
“Against a backdrop of gas prices that have continued to set new records ahead of Memorial Day, Americans have been resilient in their desire to hit the road, but we’re certainly seeing increased hesitancy due to rising prices at the pump. Soaring inflation has led to uncertainty over rising costs,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
“The COVID factor is still present, but has been dwarfed this year by Americans’ concern over high gas prices and dwindling affordable travel options to make use of best months of the year.”